Shares of Hingham Institution for Savings (NASDAQ:HIFS - Get Free Report) saw an uptick in trading volume on Tuesday . 29,190 shares were traded during mid-day trading, an increase of 98% from the previous session's volume of 14,718 shares.The stock last traded at $246.80 and had previously closed at $259.71.
Wall Street Analysts Forecast Growth
Separately, StockNews.com upgraded shares of Hingham Institution for Savings from a "sell" rating to a "hold" rating in a research report on Saturday, February 22nd.
Get Our Latest Report on Hingham Institution for Savings
Hingham Institution for Savings Price Performance
The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 3.63. The firm has a market capitalization of $517.04 million, a P/E ratio of 18.77 and a beta of 0.99. The business's 50-day simple moving average is $255.47 and its 200 day simple moving average is $258.41.
Hingham Institution for Savings (NASDAQ:HIFS - Get Free Report) last issued its earnings results on Friday, January 17th. The savings and loans company reported $2.16 earnings per share (EPS) for the quarter. Hingham Institution for Savings had a net margin of 12.97% and a return on equity of 2.95%.
Hedge Funds Weigh In On Hingham Institution for Savings
Several institutional investors and hedge funds have recently added to or reduced their stakes in HIFS. FMR LLC lifted its position in Hingham Institution for Savings by 27.0% during the third quarter. FMR LLC now owns 419 shares of the savings and loans company's stock valued at $102,000 after buying an additional 89 shares during the period. Tower Research Capital LLC TRC increased its holdings in shares of Hingham Institution for Savings by 941.3% during the fourth quarter. Tower Research Capital LLC TRC now owns 479 shares of the savings and loans company's stock valued at $122,000 after acquiring an additional 433 shares in the last quarter. SeaCrest Wealth Management LLC bought a new position in shares of Hingham Institution for Savings during the fourth quarter valued at $204,000. Wallace Capital Management Inc. bought a new position in shares of Hingham Institution for Savings during the third quarter valued at $219,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Hingham Institution for Savings by 5.9% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 886 shares of the savings and loans company's stock valued at $225,000 after acquiring an additional 49 shares in the last quarter. Hedge funds and other institutional investors own 49.33% of the company's stock.
Hingham Institution for Savings Company Profile
(
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Hingham Institution for Savings provides various financial products and services to individuals and small businesses in the United States. It offers savings, checking, money market, demand, and negotiable order of withdrawal accounts, as well as certificates of deposit. The company provides commercial and residential real estate, construction, home equity, commercial, consumer, and mortgage loans.
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